MercoPress, en Español

Montevideo, December 22nd 2024 - 22:10 UTC

 

 

Murdoch's Fox takes control of National Geographic Society for US$ 725m

Friday, September 11th 2015 - 10:24 UTC
Full article 4 comments

The National Geographic Society sold its iconic yellow-bordered magazine and other media assets to Rupert Murdoch's 21st Century Fox for $725 million, the companies announced Wednesday. National Geographic Society, which found the magazine in 1888, has chosen to sell the publication amid slumping circulation and advertising sales. Read full article

Comments

Disclaimer & comment rules
  • Mendoza Canadian

    Slumping circulation....pity. Indicative of the current generations foolhardiness and the education system. My aunt had a subscription I NatGeo for years and she kept every single one of them. I loved to go and read them every month. One of the things I looked forward to with delight. Sad state of affairs.

    Sep 11th, 2015 - 12:54 pm - Link - Report abuse 0
  • Captain Poppy

    I loved it too. It will be interesting to see how the Nat Geo becomes a tabloid!

    HEADLINES:
    Archaeologist discover evidence that Homo Sapiens were Homo Sexuals!!

    Read stunning text unearthed in the Middle East.......Mohammed came to earth via a flying saucer!

    With Murdoch......Nat Geo is done.....just bury it.

    Sep 11th, 2015 - 01:05 pm - Link - Report abuse 0
  • ChrisR

    I had a subscription to NG for many years and it was only an error by the subscription department that stopped it.

    Best photographers on the planet.

    Murdoch will of course completely ruin it.

    Sep 11th, 2015 - 06:29 pm - Link - Report abuse 0
  • Skip

    National Geographic has been in bed with Fox for 18 years already and I haven't seen anyone complaining about the decline in their standards. This move is just recognition that the world has moved on from print media.

    The National Geographic Society's purpose isn't just to publish a glossy magazine - this is just the journal for the society. A medium to get the message out so to speak. The core of NGS won't change even though the format of its journal may.

    What many may not be aware of is that the publication of hardcopy journals is reducing markedly every year as journals migrate to online sources. Hopefully National Geographic continues to be published, and perhaps it will be more successful with the advertising might of Fox behind it. However it will lose its journal title if it descends into journalism. Considering how much journalism outlets Fox has access to, I don't see it needing this small audience.

    Sep 12th, 2015 - 12:57 am - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!